In A Word: Yes

Is Germany Protecting Russia’s Gazprom From Latest Anti-Trust Discovery?

Gazprom

German companies like BASF and Wintershall may be successful at lobbying their government to keep the new Russian pipeline going, despite opposition from Washington. Such are the worries being made behind closed doors within the state owned Central and East European (CEE) gas companies that are no fans of Russia’s Gazprom.

On April 10, someone leaked the Statement of Objections against Gazprom from the European Union’s competition authority known as the Directorate-General for Competition (DG Comp). The leaked document was a 270-page report of abuse cases filed by nearly every Gazprom partner in eastern Europe, including Poland where the news first broke last week…

As Gazprom is responsible for nearly a third of all of Germany’s foreign gas supply, and because Germany has two big companies with money on the line with Gazprom projects, some believe Brussels is ready to let Gazprom off the hook from disputes with at least five countries.

“DG Comp is said to be pressured by some high-ranking German officials to make a soft deal with Gazprom so they can start building the new Nord Stream 2 pipeline.”

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US-Amerikan Gas Conspiracy In Full Swing

German survey time – and no Russian influence here, either. Honest: BASF-owned Wintershall, one of Gazprom’s closest upstream partners and backer of its Nord Stream 2 project, has published results of a survey which it says indicate that most Germans not only oppose an expansion of US sanctions against Russia but also prefer Russian gas to US LNG.

LNG

More than three-quarters (77 percent) believe that the US is attempting to bolster its own economic interests in the European natural gas market… The survey also showed that the vast majority of Germans (83 percent) reject the planned increase in US economic sanctions, which would also restrict the actives of German and European companies. Only seven percent considered criticism of planned US sanctions as exaggerated.

“Whereas half the Germans surveyed support a further diversification of the natural gas provision, only six percent want more imports of US LNG,”

Angela’s Addiction

It’s one of those nasty little family secrets nobody wants to talk about (there are lots of those here in Germany).

Addiction

Or, in this case, nobody is allowed to talk about it because the world’s largest publicly funded (force-funded) news broadcasters are run by the German government.

Addiction can be successfully combated, however. Or so I’ve been told. Although in this particular case it would take a whole lot more than twelve steps to get through.

Already Europe’s biggest gas user, Germany gets about 40 percent of what it consumes from Russia, the world’s largest exporter. That dependence is only going to increase by 2025 to more than 50 percent, especially with output from the Netherlands, Germany’s western neighbor, set to drop in coming years.

Deutschland und die EU streiten darüber, wer mit Russland über den Bau der Pipeline Nord Stream 2 verhandelt. Viele Länder setzen auf die Kommission – auch in der Hoffnung, das Vorhaben so zu beerdigen.